FINANCIAL_SERVICESRECOMMENDED

United Bank Huntfield Bond Extension Recommended

United Bank provided the letter of credit securing Huntfield development improvements. Charles Town staff and the Bond Committee recommended extending the current $1,371,874.17 master bond through September 30, 2028.

Document date · September 27, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,188,618.81 original letter of credit; $1,371,874.17 current master bond amount
Contract type
FINANCIAL_SERVICES
Contract term
Original expiration October 21, 2023; requested extension through September 30, 2028
Renewal date
2028-09-30
Renewal
The letter of credit automatically extended for six months after its original October 21, 2023 expiration unless the City objected. The Planning Commission previously extended the bond to April 2025, then April 13, 2026, and later to September 30, 2026; a further two-year extension is recommended.
Document type
AgendaPacket
Source document
City of Charles Town AgendaPacket Planning Commission Meeting 2026-09-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Charles?

United Bank was awarded this financial services contract by City of Charles, as recorded on September 27, 2026. The contract value is $2,188,618.81 original letter of credit; $1,371,874.17 current master bond amount.

How much is the United Bank contract with City of Charles worth?

The United Bank contract with City of Charles is valued at $2,188,618.81 original letter of credit; $1,371,874.17 current master bond amount, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Charles Town AgendaPacket Planning Commission Meeting 2026-09-28 (AgendaPacket), dated September 27, 2026 from City of Charles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United Bank hold?

United Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View United Bank's profile

What is City of Charles currently buying?

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